Monthly Archives: July 2009

China, Japan, and Our Debt

Will other countries keep buying our Treasuries? If China and Japan change their minds, could the United States have a problem? Since 1980, the U.S. has imported more than it has exported.1 It makes up for this trade deficit by issuing Treasury bonds and other debt instruments. Foreign governments have long lined up to buy…
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Coping With A Layoff

What can you do to help yourself? You go to work and get the word ... you're being laid off. Maybe it's no surprise. Maybe it comes as a shock. The question becomes: what now? Basically, you have three quick to-dos: leaving work with as much money as possible, securing health insurance for the interim,…
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